This is a scanning technology that uses light photography through special computer programs to locate minerals, water, structures, etc buried up to 6,000 meters below the surface.
energy7 is attempting to find a way to let developing countries gain more leverage over their mineral lease system by giving them more information about their own mineral reserves.
This can cut time and effort and costs of traditional exploration systems while allowing the countries to gain additional lease fees through a
energy 7 also has developed a ready team of mineral exploration and development companies, ready to move into position after successful GeoScan implementation. Many African countries are mineral rich but lack the means to enforce lease fees they deserve for their mineral assets.
The GeoScan system will helped them receive what they deserve. It will reduce the lottery aspect of mineral leases and allow smaller players
the chance to exploit mineral assets should the big players refuse to enter a more restrictive lease environment.